Leadership void leaves Korea vulnerable to Trump's tariff offensive

U.S. President Donald Trump disembarks Air Force One in Florida, March 28, 2025. Reuters-Yonhap SEOUL, April 2 (AJP) - U.S. President Donald Trump is poised to unveil a sweeping set of reciprocal tariffs on Thursday in a White House ceremony he has branded "Liberation Day,"

Korea's top financial regulator signals resignation over commercial law dispute

Financial Supervisory Service Governor Lee Bok-hyun/ Yonhap SEOUL, April 2 (AJP) - Financial Supervisory Service chief Lee Bok-hyun said Wednesday that he had expressed his intention to resign following a dispute over a proposed amendment to the country’s commercial law. Le

Finance minister's US treasury investments raise questions over integrity

South Korea's Minister of Economy and Finance Choi Sang-mok/ Yonhap SEOUL, April 1 (AJP) - South Korea's Minister of Economy and Finance, Choi Sang-mok, invested approximately 200 million won (US$135,771) in U.S. treasury bonds last year, while the Korean won was weakening s